Weis Oil Company

$141,500 PPP Loan in Bird Island, Minnesota

Loan Details

Loan Number
5199927009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$141,500
Current Approval
$141,500
Forgiveness Amount
$142,314
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Weis Oil Company
Address
215 Hwy Ave E
ZIP Code
55310
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
New Business or 2 years or less
Jobs Reported
28
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$106,125
Utilities
$14,150
Mortgage Interest
$21,225

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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